LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Costs and Charges

The money you pay when investing.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Bull market

We explain what a 'bull market' means
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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